Consumer companies like Parle, Marico, Dabur expect a brighter Diwali this time

Indian consumers are spending on packaged food and personal care products but holding back on apparel and fashion in the run-up to Diwali. Companies across sectors are pinning their hopes on a robust festive season, following three muted quarters in the wake of last November’s demonetisation and the July 1 rollout of the goods and services tax (GST)…READ MORE